She was looking for a property that had a lower sales price, light rehab, that she could be in and out of quickly to use as a rental property.

On average those types of properties range from $250000-$300000 for light fix condition and around $190000-220000 for mid to heavy rehab.

Appreciation typically has higher velocity so you can reuse the money invested for new deals more quickly and often as cashflow.Cashflow typically costs more time/energy.

Granted, this is as much business as real estate, which is why at my advanced age and reduced energy level I’m not interested in doing it myself, but they showed me their financial statements for the operation and I was impressed.   

We completed a cosmetic rehab including replacing the kitchen, bathrooms, flooring, paint and recessed lighting.

Purchase price: $85,000 Cash invested: $85,000 10 acres Vacant Land in PA's Act 319 (Clean and Green) at the last traffic light before the Blue Mountain Ski Resort.

Rebuilt entire home with full new custom floor plan adding a 2nd full bath and tripling size of kitchen opening out to back yard giving it more light throughout home.

No accountability to the tenant to conserve energy or water.

Think white, off-white, beige (but not too dark), and light grey. 

The ceiling lights function good without grounds, but that could be a case-by-case situation.